Mercer

The funding level of defined benefit (DB) schemes improved by five percentage points in March on the back of a reduction in mortality improvements, JLT Employee Benefits has estimated.

Mortality improvements have declined for yet another year, ducking previous estimates. James Phillips explores what this means for pension schemes

The Local Government Pension Scheme (LGPS) has introduced a new framework to measure investment performance and costs, and has awarded mandates to seven providers.

Capita Employee Benefits has appointed Akash Rooprai as head of pensions risk management.

A Scottish court has ruled four schemes were validly amended for Barber equalisation in spite of lack of documentation. Stephanie Baxter asks if it could lead to less pedantic judgements south of the border.

A supermajority of pensions buzz respondents rebuked a suggestion that all defined benefit (DB) schemes should be merged into one.

The aggregate accounting deficit of the FTSE 350's defined benefit (DB) schemes fell by a modest £3bn last month, according to Mercer's latest Pensions Risk Survey.

The top three consultants have put together a package of measures designed to increase transparency and competitiveness in the consultancy and fiduciary management markets. Helen Morrissey gets the industry response

Aon Hewitt, Mercer and Willis Towers Watson have joined forces in calling for measures to tackle transparency and competition issues raised by the Financial Conduct Authority (FCA).

Tony Pugh has been appointed head of defined contribution (DC) for Europe, Middle East and Africa (EMEA) at Aon Hewitt, ending his 28-year stint at Mercer.